PPP Loan information for Rank distributors, inc.

$953,400

Rank distributors, inc. was initially approved for PPP Loan of amount $953,400, the current approved amount is $953,400. The loan was approved on 04/09/2020 by The Truist Bank reported 83 jobs and $953,400 was used to fund payroll.

Rank distributors, inc. is Existing or more than 2 years old

PPP Loan Search / SC / SPARTANBURG / Rank distributors, inc.

RANK DISTRIBUTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RANK DISTRIBUTORS, INC.

Borrower Address

2999 BLACKSTOCK RD

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29301-5526

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

953400.00

Current Approval Amount

953400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29301-5526

CD

SC-04

Jobs Reported

83

NAICS Code

423990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

953400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

966244.42

Forgiveness Date

08/19/2021

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